Applied Digital Corp.
Applied Digital (Nasdaq: APLD) designs, develops, owns, and operates large-scale data centers built for high-performance computing workloads, including artificial intelligence, machine learning, and other accelerated-compute applications. It provides data center capacity to hyperscalers and other compute customers… From the company’s description.
In fiscal 2026, Applied Digital Corp. reported revenue of $611.31M, up 324.0% from fiscal 2025, and a net loss of $184.34M. Its operating margin was −38.7%, and operations generated $89.69M in cash. Over the twelve months to Aug 31, 2026, revenue was $888.97M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Applied Digital Corp. does
In the company’s own words
Applied Digital (Nasdaq: APLD) designs, develops, owns, and operates large-scale data centers built for high-performance computing workloads, including artificial intelligence, machine learning, and other accelerated-compute applications. It provides data center capacity to hyperscalers and other compute customers through long-term leases and hosting arrangements, with facilities designed for air- or liquid-cooled deployments. The company reports two segments: HPC data center hosting, its primary business, and legacy blockchain data center hosting, which serves one cryptocurrency-mining customer. Its HPC campuses include Polaris Forge and Delta Forge; the blockchain hosting business operates facilities in Jamestown and Ellendale, North Dakota. As of May 31, 2026, Applied Digital had approximately 1,410 MW of contracted critical IT load across five campuses, with leases representing approximately $36.2 billion in contracted revenue over their initial terms. The company also employs approximately 256 full-time employees as of that date. Its former cloud business operates separately as ChronoScale, in which Applied Digital owns approximately 97%. Its website is www.applieddigital.com.
Company details
- Sector
- Information Technology
- Industry (SIC)
- Business Services & Software
- Headquarters
- DALLAS, TX
- Fiscal year end
- May
- CIK
- 1144879
- SIC
- 7374
Financial performance, year by year
Fiscal 2022–2026 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Applied Digital Corp. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in Applied Digital Corp. · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · Applied Digital Corp.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Applied Digital Corp.’s bonds, as funds hold them
Funds report holding 1 issues of Applied Digital Corp.’s debt, $101.14M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 2.75%, maturing 2030 to 2030.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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